IFSC Code PSIB0000470:

Overview of PSIB0000470

The IFSC code PSIB0000470 is associated with the Patiala MODEL TOWN PATIALA Branch of Punjab & Sind Bank. Located in the bustling city of Patiala, PUNJAB, this branch is one of the many Punjab & Sind Bank branches that cater to the banking needs of the local residents. The code "PSIB" in PSIB0000470 represents Punjab & Sind Bank Bank, while 0000470 signifies the unique branch code for MODEL TOWN PATIALA.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like PSIB0000470, for the MODEL TOWN PATIALA Branch, cannot be overstated. It acts as an address that identifies both the Punjab & Sind Bank and its specific branch in Patiala. This ensures that when you're transferring money or setting up a beneficiary for future transactions, your funds are directed to the correct bank branch. Without the IFSC code, the chances of errors in electronic fund transfers would be significantly higher, leading to potential financial losses and administrative hassles.

Deep Dive into PSIB0000470

The IFSC code PSIB0000470 is not just a random combination of letters and numbers. It holds significance in the banking world, especially for those who bank with Punjab & Sind Bank in Patiala. Let's break down the details:

• IFSC Code (PSIB0000470): This unique code is essential for electronic fund transfers. The first four characters "PSIB" represent the bank's name, Punjab & Sind Bank. The last six characters "0000470" are a unique identifier for the MODEL TOWN PATIALA branch.
• Bank Name (Punjab & Sind Bank): One of [country]'s leading banks, Punjab & Sind Bank offers a wide range of banking products and financial services to its vast customer base.
• Address (MODEL TOWN PATIALA): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
• City & State (Patiala, PUNJAB): The branch is situated in the heart of Patiala, the capital city of PUNJAB. A city known for its [CITY_FEATURES].
• Branch (MODEL TOWN PATIALA): The [AREA_NAME] area in Patiala is a hub of activity, and the Punjab & Sind Bank branch here caters to both individual and business banking needs.
• Phone Number (+911752200463): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.